Will Gas Prices Go Down Again??

We're at $4.15 now, we haven't been under $3.62 in I don't know how long!! And it was only that low for a couple of weeks before it's now jumped
back up. I can't remember the last time I saw gas under $2!
It's ridiculous!! I drive a car that gets at least 30 miles a gallon and I couldn't imagine driving anything that gets worse!

"Nevertheless, it might be a good thing too if it gets people to move closer to work where they can walk / bike or use the public transport. This
thing has been coming' for a long time with the way modern society burns oil like there's no tomorrow."

It's not all about you walking or bike or what ever you do to get to work, the bigger picture is the negative impact it has on the US economy and
world economy. Oil is the best thing we have NOW. I am so sick of hear things like "this is exactly what America needed", like some Luddite that
wants to put us back to the 17th century. Who are you to say we can't burn oil, is it yours to control? No, it's not yours or the governments,
unless that is you are a communist and in case move to Venezuela or China. We need to drill now.

Well I live in fargo, ND and gas has dropped over 50 cents in the last week to settle at $2.89 and I'm sure its because crude oil has fallen from the
record $147 to around $90. I wouldn't be happy if the gas station around my area wasn't going down because there is no reason for it not to be.
Every other day gas goes down 7-10 cents here. It's nothing to do with politics yet....the offshore drilling ban is no longer with us and all the
gulf coast is back up and running and lower crude prices mean it should come down at least another $0.25 here anyway

Fuel taxes in the United States vary by state. For the first quarter of 2008, the average state gasoline tax is 28.6 cents per US gallon, plus 18.4
cents per US gallon federal tax making the total 47 cents per US gallon

Keeping that in mind... know that In Nymex trading, today, Nov,3rd 08...gasoline futures slipped more than 3 cents to $1.46 a gallon That's for
December delivery... when you add the .47 cent tax we should see gas selling for 1.93 but the end of the month.

Big oil is getting the price of gas down for the elections so everyone will feal good when they cast their vote. Now they can use HAARP and let us
have nice weather for the election. Unseanonably, warm weather for the elections for Missouri. For Missouri always chooses the President.

wow, its 2.29 and 2.12 down here in New Orleans. I thought it was in the $2 all over the country because they wanted to make gas cheaper so people
wouldn't complain anymore because of election day. I guess i was wrong considering some people are still paying 4 bucks!

I was able to fill up both cars yesterday at murphy oil outside wal-mart in Alabama for $1.86/gal. I honestly didn't think I'd ever see a 1-handle
on gas ever again. But guess what, with the economic uncertainty we are currently facing we are going to keep the same driving habits we were using
when gas was around $4 a gallon. Keeping it at the speed limit, no unnecessary driving, and handling as much business/shopping as possible on trips
into town. Gas coming down as much as it has is almost like getting a pay raise and will help us give our daughter a nice Christmas this year.

I don't expect prices to remain this low for very long, though especially with the likelihood of an Obama admin and the upcoming Breton Woods II
talks.

1. Does anyone but me find it awefully suspicious that gas prices started plummeting right when the stock market turned sour?
2. When OPEC took 1.5 billion barrels off of the market in October gas kept going down despite the fact that 1.5 billion barrels were taken out of
supply? If it were purely supply and demand then gas prices should have gone up, but they didnt.
3. In November OPEC took ANOTHER 1.5 billion barrels out of the market, but gas prices continued to die. Now we are 3 billion barrels short but
prices are still low.
4. Friday the market rallied over 400 points, and today the market rallied ANOTHER 400 points. But for some strange reason Gas suddenly shot up $5 a
barrel?????? WTF! How does a commodity jump $5 a barrel in ONE freakin day?!? That is NOT supply and demand folks.

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